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Search Results 0 to 26 of about 27 (some duplicates have been removed)
warning those workers. here's the federal law and what it says. it says that companies with 100 or more workers must provide 60 days notice before mass layoffs or plant closings, or those workers can get up to 60 days of back pay if they are not notified. the republicans are crying foul and eamon javers picks under the story. >> reporter: here's what the omb said in late september -- it is neither necessary or appropriate for federal contractors to provide warn act notice to employees 60 days in advance of the potential sequestration because of the uncertainty about whether sequestration will occur. i've toualked to employees at t white house and omb about this question. their idea is this -- first of all, there's uncertainty about the fiscal cliff itself, whether it is actually going to happen or not. they say that the warn act is only required for those planning specific cutbacks and specific plant closings and they say since the employers in this case federal contractors don't know that sequestration is going to happen, therefore they don't have any specific information. and also the
. the law states that the federal government will only recognize traditional marriages, meaning no federal benefits even where same-sex marriage is legal. >> same-sex couples are denied hundreds of different rights and benefits that are provided to married different-sex couples under federal law. >> reporter: on the document as well, whether to curtail parts of the historic voting rights act of 1965. it mandates federal oversight for states with a history of voting discrimination when changing any rules for elections. challengers say the law is outdated and unnecessary. a big lineup of cases that could change the landscape of civil rights in america. francis coe, nbc news. >>> here is a look at other stories making news early today in america. in maine a group of strangers spring into action when an elderly woman drove her car into the portland harbor. the ban of good samaritans pulled the 84-year-old out of her car moments before it sank. the woman is in stable condition. some of the rescuers had to be treated for hypothermia. >>> karma geddon two has come to an end just for the end of th
a revolution has led to the transfer of power. >> i expect improvements and laws so that children will be happy. i don't know how he will behave and what he will do for the people, but i see the people are hopeful. >> we expect things to get better. expect new things. the whole population is in a good mood. people meet each other and kiss each other. >> he swept to power in 2004 but faces accusations of but the rates vary and rule. his party will no longer control parliament. >> it is clear that george and dreamliner it has secured a majority. this means they will form the next government and i come as the president, with the framework of the constitution will assist the process. >> the georgian dream alliance is led by billionaire tycoon, bidzina ivanishvili. he campaigned on a pro-moscow ticket but wants to move closer to the european union as well. he says his coalition deserves to win. >> we made the best choices and collected the best coalition. the result is no coincidence. >> a new law that takes effect next year will transfer some powers from the president to the prime minister. >> let'
people and some of the authorities thought they could interpret the law to suit their own purposes. that is why the officials signed the documents. it was not until a few years later that they were audited to see if they had violated their own laws. >> with the director is not mentioning is corruption. officials back then issued permits to relatives and friends and just helped themselves. a former mayor approved these houses and had his own construction company build them. officially, the job was noted down as renovating old fisherman's hut that once stood here. >> i do not envy the homeowners. they are innocent and bought the properties in good faith as the third or fourh owners. now they have got to cope with the ruling of the cour their houses will be torn down. >> the enterprising mayor has long since died and cannot be brought to justice. the other corrupt officials are no longer in office. when a legal structure has already been torn down -- a wealthy latvian build a grand new summer residence for himself on an existing foundation right next door to the former summer home of
reform law took effect today. hospitals will face big fines if too many of their medicare patients have to be readmitted lookse of complications. we asked anna werner to look into this. >> reporter: so this is everything you have to take? >> yes. >> reporter: 84-year-old phil eckloff suffers from congestive heart failure and diabetes and wound up in the hospital twice ais year. l twice a laundry list of follow-up instructions and fedications. so you have to deal with all this stuff. this is a lot of-- a lot of medications. a lot to remember. >> yeah, it is. >> reporter: eckloff is fortunate. f isas a home health care worker to help him. what do you think it would be like for you if you had to keep y with all this by yourself? >> if you don't take a service like this you'll end up become you'llhospital. and that's true. >> reporter: federal officials ere concerned that many medicare patients fail to get the necessary follow-up care and end up being readmitted to the hospital, often in the same tnth. so the government is now penalizing hospitals for excessive readmissions in three areas:
role. john coffee, a law professor at columbia university, joins us via skype this morning with his legal insights. good morning and good to have you on the show. > > good morning to you. pleasure to be here. > > is it difficult for investors to get these cases to court? > > it's not difficult in the context of an ipo. there's probably no other legal context where the balance or the advantage is tipped as sharply in the favor of the plaintiffs as in the world of ipos and other registered securities offerings. > > i spoke with one attorney going to bat for clients against facebook. he says the case is stuck in procedure. is that the norm? > > the norm is that there's an awful lot of organization in the case. a case doesn't get started right away until one team of plaintiffs gets control of the litigation. then the next thing that will happen is that the defendants will make a motion to dismiss. that's the really critical motion, because typically if the defendants cannot get the action dismissed at the outset, then we're likely to get into settlement negotiations, which may take a ye
responsible foremaning the two vessels has not exercised the care required of them by law to ensure the safety of the vessel that they are navigating as well as the people on board their vessels. >> the hong kong government has set up a special panel to speed up the investigation. >>> the philippines and vietnam have appealed to the international community for a peaceful and legal resolution to the south china sea issue. china wasn't mentioned by name in their speeches to the u.n. general assembly. even so, both countries were clearly calling for support as they resist thepreading influence of asia's rising power. the secretary of foreign affairs rosario urged the countries to quickly agree on a legally binding code of conduct to ease tensions. >> to address this challenge and arrive at a resolution, we must rely on the rule of law and not the force of arms. we must rely on the body of rules that state that disputes must be resolved peacefully. >> vietnam's deputy minister of foreign affairs resisted china's demands that the disputes be resolved through bilateral negotiations and called on the
is also facing numerous challengeses. the law states the federal government will only recognize traditional marriages, meaning no federal benefits even where same-sex marriage is legal. >> same-sex couples are denied hundreds of different rights and benefits that are provided to married different sex couples under federal law. >> reporter: on the docket as well, whether to curtail parts of the historic voting rights act of 1965. it mandates federal oversight for states with a history of voting discrimination, when changing any rules for elections. challengers say the law is outdated and unnecessary. a big lineup of cases that could change the landscape of civil rights in america. fr frances coe, nbc news. >>> and now here's a look at some other stories making news early today in america. in maine, a group of strangers spring into action when an elderly woman drove her car into the portland harbor. the band of good samaritans pulled the 84-year-old out of her car moments before it sank. the woman is in stable condition. some of the rescuers had to be treated for hypothermia. >>>
or fast and furious, but they found more stuff that he's done under the law to maximize profits and minimize taxes. they got him ted dead to rights again. i don't know if any american cares. do you remember how the kennedys made their money? >> i think there was some boot legging. >> might have been a little boot legging. john kerry married and then left his yacht in providence or something, didn't he. and then john edwards flipping his magnetic business card at all the ambulances going by made $80 million. it's weird, isn't it? >> he was a good lawyer. >> and a hell of a human being, too, johnny. we have ten seconds. >> i don't think additional incremental disclosures about offshore investments will make a big deal. >> all right, my friend, thank you. >>> when we come back, we'll get to kevin ferry from the cme, we'll find out what's most likely to drive action on the second day of the quarter. smart comes with 8 airbags, 3 a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. monarch of
is used everyday by t.s.a. officers, border agents and state, local, and federal law enforcements. >> if you're speeding, you get pulled over, they're query that name. and if they're encountering a known or suspected terrorist it will pop up and say "call the terrorist screening center." >> reporter: how often do these encounters happen? >> we're averaging about 55 encounters with known or suspected terrorists every single day. >> reporter: in most cases, the encounters do not produce arrest but provide additional intelligence. >> location of where the guy is going, what he's doing, additional associates that the subject is hanging around. >> reporter: names are frequently added and subtracted, always in secret. healy also overseas the even more critical no-fly list. there are 20,000 people on the no-fly list. about 700 of them are americans. so there are people who live in this country who you have enough concerns about they can't fly? >> yes. >> reporter: the databases are not perfect. some innocent people have been kept off airplanes by mistake. and one person who never made th
.s. laws. it is likely to become fodder for the u.s. presidential campaign, and there was a big piece -- >> on "60 minutes" and "wall street journal" and chavez won. >> apparently this is just a rumor, the bls the entire of bureau labor statistics from here was flown down to venezuela to monitor the election. >> the chicago guys were thrown down. >> ba-dum-boom. let's get to the story, the venezuelan president hugo chavez as joe was just saying -- >> 54-45. >> comfortable election victory that could extend his rule to 20 years. the next election isn't officially for six years but you had tens of thousands of ecstatic supporters flooding the streets around the presidential palace in downtown caracas, pumped their fists in the air and started shouting chavez's name. enrique capriles, he was beat by more than nine points. it will extend a wave of nationalizations and continue his support for left wing allies. we've heard how important this is for cuba, he has billions at his fingertips because of the oil produced there. this is the country we think has the biggest oil reserves in the wor
ministry suggesting that the chinese telecommunications companies operate within the law, but they have gained their success through their own commercial competitiveness and that they should not be singled out by u.s. congressional committees for criticism in this way. so it appears the chinese government is already lining up in defense. this is a damning report from an official body singling out two companies by name and suggesting that they simply have not done enough over the course of this investigation to demonstrate that they are free from influence from beijing. >> my understanding is the foreign ministry has done slightly more than just condemn this. have they not said this is the result of some kind of prejudice in america of chinese companies? >> in a sense, that is in the context in which there is a kind of growing focus on the issues of their trade and open access. i think we are beginning to get the sense that china feels, particularly in the run-up to the u.s. presidential election, that it is being unfairly targeted. i think the foreign ministry statement times with some
of america decided to take the money. then they had to go to an equity law firm. this is encouraging to me. i would think this actual bailout is one that says, we are now past, the pig is much further along. you don't want a python swallowing a pig, but it's going to follow it when it is finished. >> words to live by, jim. words to live by. >> i think about that often, actually. >> we just listened to an incredible hour of television on "squawk box" with zell talking about what he's seen in the economy, talking more about corporate i.t. upgrade cycles. here's what zell said not too long ago. >> nobody wants to make commitment to be on tomorrow. we run a company that does a lot of corporate enterprising installations. and one of their triggers is when the enterprise projects start getting delayed, we are heading for a recession. and that's exactly what you're looking at right now. >> when the enterprise project starts getting delayed, we are heading for a recession. that collides with the calls we are seeing regarding cisco right now. jim, channel checks going on? >> cisco, morgan stanley put
. phillips'. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. [ clears his throat ] [ softly ] she's right behind me isn't she? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a refer
. a law firm that those entrepreneurs and companies in south florida. welcome to the program. >> thank you. >> let's get this clear now, your business, your law firm works with small businesses and entrepreneurs. >> right. >> they come to you and say, hey, i've got a legal problem, a government problem. that happens. >> all the time. stuart: i want a list, what's are the problems they're running up against or into with the obama administration. >> first, the president doesn't appreciate the entrepreneur. the comments you didn't build it, that goes to the heart of it. let's talk specifics. specifically regulations, obamacare is a big heavy burden that was thrown on the entrepreneurs desk and saying, now comply. but no one read the bill when it was passed, 2000 page plus and now all the regulators are at it writing regulations around that bill. stuart: it doesn't apply to businesses with fewer than 50 employees. >> yeah, but look, small businesses are 50 plus as well and businesses who have 20 or 30 employees want to be 50 plus and that prevents them from being 50 plus. who would want to hir
in a nutshell was allowing the banks to abuse certain laws in order to put in the books some interesting income actually as dividends. so they were paying less taxes. this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence that the justice system takes its course. note just in a few days, he is expected to take on more responsibilities at his new job which is chairman at italy's oldest and most troubled bank. he will expand his duties so he's being closely watched right now. back to you. >> all right. that's the late he is out of the trial in milan. we'll take a short break. still to come, american golfers feeling a little blue after the european stage an amaz
to democrats after state officials cannot enforce the new voter id law in the presidential election. the ruling expected to appeal to the state supreme court but because we are five weeks from election day, could easily be the final word on that wall. designed to keep minority voters and typically voting democrat away from the polls but republicans argue it is needed to prevent voter fraud. "washington post" calling out the obama campaign saying it is time to retire one of the presidents familiar talking points. >> governor romney believes with even bigger tax cuts for the wealthy and fewer regulations on wall street all of us will prosper. in other words he doubled down on the same trickle-down policy that lets the crisis in the first place. ashley: according to the "washington post" that statement deserves no kill us because it did not cause a financial crisis, several others are to blame including the housing bubble and use of financial derivatives not to mention the president himself extend the bush tax cuts in 2010. republicans a big hit with political donors connected to the nfl. nfl play
of financial industry. the regulation of the financial industry was all-time high. we had three new laws sarbanes-oxley, the patriot act, the privacy act, what we had was misregulation. what caused the financial crisis was the federal reserve in early 2000 trying to avoid a correction, made us all think we were wealthier than we are which caused us to overconsume. that ended up in housing, massive bubble in housing market. dagen: how much has the federal reserve created for the country just four years out, do you think? >> i think it's scary. it may work out, but we're going to be lucky. this really reminds me of the 60s and 70s. the lead time on inflation is long. and people don't realize that. by the way, qe 3 or all these qes are simply the federal reserve printing money. they like to make it obscure but all they are doing is printing money. dagen: thanks to former bb&t ceo john allison. scary is the operative word. connell: but a good interview. we have sir richard branson coming up in the hour, talking about when you should go to school or if you should skip class to start a company
conclusion. >> reporter: the report says huawei in particular may have broken u.s. law and that the committee says it is referring the case to the fbi and the justice department. in a statement huawei says: the report released by the committee today employs many humors and speculations to prove nonexistence accusations. the integrity of huawei's operations and the quality and security of our products are world proven across 140 countries around the world, they are deployed by over 500 operators, and our products have served almost three billion people worldwide. zte has not responded to a request for comment. this report only recommends the government and businesses avoid these companies. to block them requires treasury's committee on foreign investment. treasury has failed to respond to repeated requests for comment there. analysts say the most significant damage to u.s. companies may come to their chinese operations. as that government may seek retaliation for what they perceive as election year slow economy politics. back to you. david: i love their line nonexistent accusations. the accusa
. the current law doesn't do very much explicitly about health care costs. eventually somebody will have to reduce the volume of services or reduce the price of services. >> so what are you telling investors, buy hospital stocks, don't buy hospital stocks, by the good ones? how do the insurance companies fair? >> insurance companies win almost no matter what happens. so that's fine. >> there's medicaid advantage. >> right, medicaid, medicare. >> is there a head k medicaid advantage? >> medicaid hmos lose it if obamacare gets repealed because they're going to expand medicaid, as well. >> expand it greatly. and it's not block grants. a federal expansion. so what's your favorite stocks? >> my favorite stocks are the ones that are not that impacted by federal policy. united health, intuitive surgical. genetic analysis companies do well. but not completely unrelated to reform. and you can always go outside the u.s., too, if you want. so i guess you're not moving to france if about obama wins. >> alec baldwin didn't move, i'm not moving. we say things when we're upset and then we don't really
of the world. because people want to believe. people want to believe in the rule of law for business. there was a great hope in many of the same 200 business people would say something and he didn't. and people want to hear something that there are changes of a foot. >> which brings us back to that point and whether we'll get anything more this afternoon. >> well, jim is absolutely right. trading at almost 50% it is count to a country like brazil. there is substantial it is count that is the intrinic rush of russia. one of the steps that the government is taking is to really be more open, more transparent. this event with direct access to the heads of the government and there are also several key ministers joining us. it's a way to try to convince capital that of course there are some concerns, but there is also great opportunity for business in russia. conditions and valuations are extremely attractive compared to other bric countries. >> ricardo, thanks for that. jim, thank you, as well. >> thanks for having me on. >> jim o'neill. as far as european stocks are concerned, after good
had been demonstrating against eu laws. he stood on one of the window lenls for more than 24 hours. he was complaining against an eu directive which would reform rules to licenses. operators have said the new rules threaten the jobs of some 600,000 resort workers. still to come, we talk shopping ahead of september retail sales data with a guest who says thrift may be the new bling. >>> european markets are trading town. we did see the green at the start of the show, but no longer the ftse down. same for the dax and cac. ibex held unreasonably well but also trading lower now. in the state, futures indicating a positive start to trade. just a few points higher for the s&p and nasdaq, the dow could open up by 30 points or so when trade gets under way there. on the agenda today in the u.s., weekly jobless claims out at 8:30 eastern, forecast to rise by 10,000. 10:00 a.m. brings august factor orders. expected to drop by 6%. at 2:00 the minutes from last month's fed meeting will be released. james bullard is in memphis, tennessee speaking about the economy and monetary policy. that's at 7:45
violated some laws. how important is this, dave? >> it's important. chairman rogers was an important component of the piece we did early this month that was on chinese cyber espionage. it focused on huawei. a company discovered the chinese were in their system, nortel. they went out of business. some claim it's because of huawei. chairman rogers is trying to raise the alarm on this. i can only tell you from firsthand experience, so many ceos of fortunate 500 companies who would not come on the program that we did a number of months ago because they fear for their business in china have admitted to me face to face that their firewalls had been breached by the chinese, that they'd been informed of that by the fbi. and so by doing this, chairman rogers simply is able to raise a larger awareness of it. as for the huawei allegation, we'll see. we haven't seen the report yet and the specifics. >> the reason why the issue has been treated with -- this has been going on over the course of a decade at least. it's not just in technology. it's in other areas of business where intellectual prope
Search Results 0 to 26 of about 27 (some duplicates have been removed)